Pennsylvania Trust, Now Part of Fiduciary Trust International, Voted No. 1 in Trust Administration by The Legal Intelligencer...
25 August 2020 - 11:15PM
Business Wire
Fiduciary Trust International, a global wealth
manager and wholly-owned subsidiary of Franklin Templeton,
announces that The Pennsylvania Trust Company has been voted No. 1
in Trust Administration by members of the Pennsylvania legal
community, as part of The Legal Intelligencer’s annual “Best Of”
survey for 2020.
This is the second consecutive year that Pennsylvania Trust has
been voted No. 1 in Trust Administration in The Legal
Intelligencer’s survey. Pennsylvania Trust was also voted among the
top three in Wealth Management for the second consecutive year in
this year’s Legal Intelligencer “Best Of” survey, which gives
lawyers the opportunity to share who they believe are the best
providers of services to the legal community in the Greater
Philadelphia area.
Fiduciary Trust International finalized its acquisition of
Radnor, PA-based Pennsylvania Trust on May 1, 2020. The acquisition
has given Pennsylvania Trust’s clients access to enhanced
investment services and wealth management solutions—as well as to
company and sector investment research from a team of global
analysts. In addition, the acquisition has brought Pennsylvania
Trust access to state-of-the-art financial planning and reporting,
and online and mobile account management tools built and supported
by Fiduciary Trust International’s parent company, Franklin
Templeton. For more information, please visit
https://www.fiduciarytrust.com/radnor.
“We are honored by the approval and accolades we continue to
receive from our area’s legal community,” said George C. McFarland
Jr., regional managing director and head of Fiduciary Trust
International’s Pennsylvania region. “We have great respect for the
attorneys in our region, and our relationship with them is of
utmost importance as we help our clients, and their families,
preserve and increase their wealth across generations. Since
joining Fiduciary Trust, these relationships have only been
strengthened by our ability to bring greater resources to the
clients we serve.”
Pennsylvania Trust was founded in 1986 to serve as a trusted
partner in helping to grow and preserve multi-generational wealth
for clients. Its offering includes a suite of customized trust,
estate, investment management, financial and tax planning, and tax
preparation services. The 60 employees located in the Radnor office
serve approximately 1,200 client relationships. In addition to its
accolades from The Legal Intelligencer, Pennsylvania Trust was
named to The Philadelphia Inquirer’s annual listing of Top
Workplaces in 2019.
About Fiduciary Trust International Fiduciary Trust
International, a global wealth management firm headquartered in New
York, NY, has served individuals, families, endowments and
foundations since 1931. With over $82 billion in assets under
management and administration as of June 30, 2020, the firm
specializes in strategic wealth planning, investment management and
trust and estate services, as well as tax and custody services. The
New York-based firm and its subsidiaries maintain offices in Coral
Gables, FL, Boca Raton, FL, St. Petersburg, FL, Radnor, PA,
Lincoln, MA, Los Angeles, CA, San Mateo, CA, San Francisco, CA,
Washington, DC, Wilmington, DE, and Arlington, VA. For more
information, please visit fiduciarytrust.com, and for the latest
updates, follow Fiduciary Trust International on LinkedIn and
Twitter: @FiduciaryTrust.
About Franklin Templeton Franklin Resources, Inc. [NYSE:
BEN] is a global investment management organization with
subsidiaries operating as Franklin Templeton and serving clients in
over 165 countries. Franklin Templeton’s mission is to help clients
achieve better outcomes through investment management expertise,
wealth management and technology solutions. Through its specialist
investment managers, the company brings extensive capabilities in
equity, fixed income, alternatives and custom multi-asset
solutions. With offices in over 30 countries and 1,300 investment
professionals, the California-based company has more than 70 years
of investment experience and approximately $1.4 trillion in assets
under management as of July 31, 2020. For more information, please
visit franklintempleton.com.
Copyright © 2020. Fiduciary Trust International. All rights
reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20200825005374/en/
Rebecca Radosevich: 212-632-3207
rebecca.radosevich@franklintempleton.com
Victoria Castelbuono: 973-590-9314
vcastelbuono@jconnelly.com
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